The Bank of England held interest rates at 3.75 per cent today (March 19) but says it stands ‘ready to act’ over Iran war ...

The latest rate, which covers the year to January, is a drop from the previous 3.4% - but it remains above the Bank of ...

UK central bank has left rates on hold, and warned that CPI inflation will be higher in the near term as a result of the ‘new shock to the economy’ from Iran war ...

The conflict in Iran could push inflation as high as 3.5% in July, the Bank of England has said. That would be well above the central bank’s 2% target for the rate - which measures how fast prices are ...

UK inflation steady pre-Iran war but cost-of-living ‘hump’ on horizon - The rate of Consumer Prices Index inflation has been ...

Economists have raised their forecasts for UK inflation following the surge in energy prices caused by the war in Iran, complicating the Bank of England’s decision on interest r ...

The Bank of England’s Monetary Policy Committee has held UK interest rates at 3.75% as conflict in the Middle East forces the ...

FTSE 100 hits record high after UK inflation falls to 3% in January, thanks to cheaper petrol and air fares, and a slowdown in food inflation ...

Three charts show the extent of the U.K. government's borrowing woes.

The UK’s borrowing costs have hit their highest level since the 2008 financial crisis, as disappointing figures on the public finances added momentum to a gilt sell-off sparked by fears of higher ...

When Britain was last hit by a major energy shock after Russia invaded Ukraine in 2022, the Bank of England cranked up ...

The Bank of England kept rates unchanged at 3.75%, choosing a wait-and-see approach as uncertainty around inflation and ...